*By Christian Smith*
Congressman Ro Khanna wants to inspire companies to do better by their workers.
"It's absurd that you have multi-billion dollar companies, trillion-dollar companies that aren't able to pay their workers $15," Rep. Khanna said Friday in an interview on Cheddar.
That's why the prominent House progressive, who represents California's Silicon Valley, is teaming up with ex-presidential candidate and Vermont Sen. Bernie Sanders to introduce legislation that would place a tax on large corporations ー money that is equivalent to the amount of federal benefits their low-income employees receive to make a livable wage.
Rep. Khanna's House bill is called the "Corporate Responsibility and Taxpayer Protection Act" and targets large companies across industries, including tech, retail, and fast food, he said.
Sanders was a little more pointed with his version, dubbed the "Stop Bad Employers by Zeroing Out Subsidies Act." That's Stop BEZOS, if you didn't notice.
Rep. Khanna said that Amazon has responded to the Sanders bill, saying the company creates safe working spaces for employees and offers competitive benefits. But the Congressman said the point of benefits is a separate matter.
"They're still not addressing the fundamental point," Khanna said.
"Why can't they just come out and say they're going to pay every employee in our company at least a $15 wage so they can have a livable wage?"
For full interview [click here](https://cheddar.com/videos/congressman-ro-khanna-wants-major-corporations-to-improve-worker-pay-or-pay-more-in-taxes).
Stock indexes edged mostly higher in afternoon trading Friday after President Donald Trump outlined several actions in response to China eroding the autonomy of Hong Kong, but did not mention any moves to upend a trade pact struck with Beijing earlier this year.
President Donald Trump has announced that the U.S. will be terminating its relationship with the World Health Organization.
Some upstate New York business owners who made plans to reopen Friday remain closed amid last-minute confusion over whether their region indeed has the OK to move forward
Twitter has added a warning to one of President Donald Trump's tweets about protests in Minneapolis, saying it violated the platform's rules about “glorifying violence."
Cheering protesters torched a Minneapolis police station that the department abandoned as three days of violent protests spread to nearby St. Paul and angry demonstrations flared across the U.S over the death of George Floyd, a handcuffed black man who pleaded for air as a white police officer kneeled on his neck.
U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
Wall Street’s rally ran out of fuel in the last hour of trading on Thursday, and the market fell to its first loss in four days amid worries about rising U.S.-China tensions.
President Donald Trump is escalating his war on social media companies, preparing to sign an executive order Thursday challenging the liability protections that have served as a bedrock for unfettered speech on the internet.
Michigan Secretary of State Jocelyn Benson pushed back against President Trump's attacks on mail-in voting, which have continued for days, leading Twitter to put up its first fact checks on the president's account.
The House has passed an overwhelmingly bipartisan measure to modify a new “paycheck protection” program for businesses that have suffered COVID-related losses.
